Mexican Media Brands
GM Offers Oshawa Workers $110,000 Buyouts
General Motors Co. is offering hourly workers at its Oshawa, Ont., plant as much as C$150,000 ($110,000) to retire before the facility ends production late this year.
#labor
Share
General Motors Co. is offering hourly workers at its Oshawa, Ont., plant as much as C$150,000 ($110,000) to retire before the facility ends production late this year.
The Oshawa complex, which employs about 2,600 hourly workers, current makes Chevrolet Impala and Cadillac XTS large sedans. Canada’s Unifor union tells its members that GM will end output of those two models in October.
The union also says the plant will end final assembly of previous-generation Chevrolet Silverado and GMC Sierra fullsize pickup trucks at the end of December.
Last week GM announced it will spend C$170 million ($126 million) to convert the complex to make stampings and aftermarket parts. The project, which will include building a test track for autonomous vehicles and other advanced technologies, is expected to create 300 jobs at the plant.
RELATED CONTENT
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.
-
GM Offers Buyouts to 18,000 Salaried Workers
General Motors Co. is launching a new round of buyouts for about 18,000 of its 50,000 white-collar employees in North America.
-
GM, PSA Execs Rush to Build Support for Opel Sale
Top executives from General Motors Co. and PSA Group are scrambling to build support among alarmed European government and labor leaders for a plan to integrate GM’s Opel unit with PSA.